Economy

The United Nations Industrial Development Organization (UNIDO) will be the co-organizer of the first international conference in Iran on holding and investment companies, dubbed Iran Holdings,…

With the possibility of economic recovery, the shipping sector will be a major beneficiary of an easing of sanctions imposed on the country over its nuclear energy program, as the international…

Lingering worries along with ambiguities surrounding the equity market have kept dragging down the TEDPIX since November 12, notching new record lows within the past 15 months.

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A new social media account in the Persian language popped up on many people’s screens in the past week, a jar of pickles with the name Hastiya slapped across the front , strange at first to most…

Managing Director of Kish Free Zone Organization, Ali Asghar Mounesan, says the KFZO has begun to complete the semi-finished infrastructure projects on the Persian Gulf island.

The Central Bank of Iran (CBI) published a summary of its “General Report of Economic Developments in 1392” (ending March 20, 2014). The published report is considered to be the most comprehensive…

Interest rates of investment accounts in commercial banks fell slightly at the beginning of the Iranian month of Dey (starting on December 22), in line with the new instructions issued by Central…

Creating stability in banking and monetary policy is the key goal of the Central Bank of Iran (CBI) governor as he seeks to make the economy more predictable.

Valiollah Seif said on Monday…

For the first time, South Khorasan Province has exported livestock to Oman, Saeed Qasemi, head of the provincial Veterinary Quarantine and Biosecurity Office, told Mehr news agency on Monday. The…

Iranian medical equipment is bought and resold under European brands in underdeveloped countries, Reza Kompany, secretary of the Association of Producers and Exporters of Medical Equipment, told…

By the end of the fiscal year (March 20), economic growth is expected to reach 2.5 percent if the oil market remains stable, according to Saeed Laylaz, a Tehran-based economist.

Iran’s export of poultry and dairy products to the Russian market will commence in the coming days, deputy minister of agriculture Hasan Rokni said on Sunday.

“Iran plans to export the…

A recent report by the Central Bank of Iran (CBI) has reviewed the main developments in the economy over the past Iranian year, which ended March 20, 2014.

According to the report, Iran…

President Hassan Rouhani on Monday appointed Mohammad Bagher Nobakht, vice president for strategic planning and supervision, as the head of the newly-revived Management and Planning Organization…

The special economic zone in the north of Bushehr province is ready to attract investment, Mehdi Safavi, managing director of the provincial Industrial Parks Company, said on Monday.

“The…

The president’s chief of staff Mohammad Nahavandian said on Monday that investors are unlikely to risk their money and invest in national projects amid high rates of inflation, ILNA reported.

Foreign exchange rate fluctuations in recent weeks have no major impact on government’s housing policy, Hassan Mohtasham, head of Tehran Mass Builders Association, told ISNA on Monday. The housing…

The Central Bank of Iran has released a report on GDP growth in the second quarter of the current fiscal year (June 22-September 22, 2014). The economy grew by 3.7% in summer, according to the…

At least 60 percent of parts for new automobiles should be produced domestically within the next three years, the Minister of Industry, Mine and Trade, Mohammadreza Nematzadeh said last week. The…

The insurance sector needs innovation and a diversification of products, says the CEO of the Alborz Insurance Company.

“Less than 10 insurance products and services were created in the past…

The recently announced update for the 500 thousand Iran Check has begun production, Majid Sanaie the head of minting for the Central Bank of Iran announced. The bank check now comes with a…

One of the unassuming annoyances of running a commercial site within Iran is not having access to online advertisement payment systems.

E stimates conducted by government organizations suggest that 40% of country’s GDP is exempt from paying taxes. The Financial Tribune looked into the percentage and based on the estimates our…

The reduction of multiple foreign exchange rates from three to two – official rate and market rate – and the handling of rial’s depreciation in the market by the Central Bank of Iran (CBI) were…

Consumer prices in urban areas rose 16.8 percent in the 12 months ending in December 21 (marking the end of the Iranian month of Azar), according to the Statistical Center of Iran (SCI).